Retail Space / California / Woodland / 95695 / 723 Main Street

723 Main Street

Q: What is the asking price for 723 Main Street in Woodland?

The asking price for 723 Main Street is $2,795,000

Q: What is the building size of this Retail property in Woodland, CA?

The size of the building/unit at 723 Main Street in Woodland is 36,017 square feet.

Q: How much land does the Woodland, CA property at 723 Main Street include?

723 Main Street in Woodland includes 0.393 acres of land.

Q: What kind of Retail is the propery at 723 Main Street?

The property at 723 Main Street Woodland, CA 95695 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 723 Main Street?

The population within 1 mile of 723 Main Street Woodland, CA 95695 is 19,303 people.

Q: Who do I contact for questions about 723 Main Street?

You should contact the listing agent, Kevin Land, for any details regarding this commercial listing.

Woodland, CA 95695

Historic Oddfellows Building

Listing ID: 191454

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723 Main Street Woodland, CA 95695 | for Sale | Photo 1

Building Size: 36,017 SF

Lot Size: 0.393 AC

Land Size: 17,119 SF

Building $/SF: $77.60

Land $/SF: $163.27

Price

$2,795,000

Description

Bank-owned opportunity: ±36,017 SF 4-level multi-tenant office/retail building on ±0.393 Acres. Offers (24) economical separate office spaces leased to long-term tenants on full-service leases, (23) 8’ x 8’ storage units, and (16) rentable parking stalls. Value-add opportunity with actual rents of $211,416/yr and parking of $9,000/yr (total of $220,416/yr collected) plus upside potential. Unique investment offering easy-to-rent spaces within an under-built market offering a strong need for hard-to-find small spaces. Once stabilized, the deal offers TEEN cash-on-cash returns when leveraged. Great visibility, convenient parking & easy access. Building was extensively remodeled in 1977 and again in 1984 when it was earthquake retrofitted. Configurations range from 180 SF up to 2,990 SF. Existing tenants include Bella Bean Coffeehouse & Eatery, computer business’, commercial network services, hair salon, legal offices, catering, mortgage lending, and a driving school, among others. Long-term tenancy in place; as an example, Craig, Dean, and Steve have occupied spaces for 32, 27, and 15 years, respectively.
Breakdown is (6) basement, (8) ground floor, (6) 2nd floor, (4) 3rd floor units. Rental values for the spaces are $0.85/SF for basement, $1.75/SF for 1st floor, $1.25/SF for large unit (#303), $1.65/SF for window units (#227-232), and $1.50/SF for all remaining 2nd/3rd floor. (10) Parking stall are rented for $75/month (#007, 100, 101, 201, 216, 220, 224, 301, 310, 723). Storage units are rented for $40/unit, except for #B, D, I, J, W which occupy for free.
Value-add opportunity consists leasing the vacancies of (10) offices ($186,228/yr), (6) parking stalls ($5,400/yr) and (11) storages ($5,280) producing a realistic 6-12 month stabilized gross annual income of $417,324/yr (189% increase). Further rent growth of experiencing the existing built-in rent increases (#007, 012, 102, 213, 215, 218, 222, 223, 226, 230, 721, 723, 729), increasing under-market offices(#009, 201, 220, 221, 228, 229, 232, 310) & storage units to the same price/SF already achieved, and addressing unpaid storage units provide rents of $429,540.60/yr and parking of $14,400/yr the following year = $458,340.60 potential gross income (another 9.88% increase).

Attachments & Files

salebrochure-15-Cwg-Ipc.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Sacramento History of Retail Space for Sale

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Listing Demographics for 723 Main Street Woodland, CA 95695

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		19,303	55,840	58,890
Population Median Age		36	37	37
Population by Age	0-9 Yrs	2879 (14%)	7171 (12%)	7637 (12%)
	10-19 Yrs	2464 (12%)	7941 (14%)	8308 (14%)
	20-29 Yrs	2983 (15%)	8117 (14%)	8528 (14%)
	30-39 Yrs	2514 (13%)	7405 (13%)	7831 (13%)
	40-49 Yrs	2727 (14%)	7366 (13%)	7813 (13%)
	50-59 Yrs	2261 (11%)	6884 (12%)	7274 (12%)
	60-69 Yrs	1726 (8%)	5756 (10%)	6075 (10%)
	70+ Yrs	1750 (9%)	5200 (9%)	5424 (9%)

Median HH Income		$51,484	$62,709	$64,307
Total Household Income	< 24K	1579 (23%)	3398 (17%)	3476 (17%)
	25-49K	1677 (25%)	4206 (21%)	4303 (21%)
	50-74K	1378 (20%)	3775 (19%)	3958 (19%)
	75-99K	869 (12%)	2634 (13%)	2804 (13%)
	100-199K	1006 (15%)	4363 (22%)	4665 (22%)
	200K+	194 (2%)	970 (5%)	1122 (5%)

Highest Education Level	No Diploma	3078	7225	7487
	Diploma or GED	3683	9514	9908
	Some College	2462	8025	8507
	Assoc. Degree	811	2995	3062
	Bachelors Degree	1347	5690	6034
	Higher Degree	1054	3309	3768

Total Housing Units		7,123	20,143	21,206
--Owner-Occupied		2,860	10,419	11,166
--Renter-Occupied		3,842	8,926	9,160
Owner-Occupied Values	< 100K	199	547	573
	100-199K	340	729	764
	200-299K	916	2485	2521
	300-399K	834	3638	3802
	400-499K	293	1830	1969
	500K+	277	1190	1537

Total Working Age Population		14,917	43,856	46,168
In Work Force		9,404	27,509	28,964
Not In Work Force		5,514	16,346	17,204
Workforce Employed		8,707	25,849	27,225
Workforce Unemployed		696	1,616	1,691
Civlian Workforce		9,404	27,465	28,916
Military Workforce		0	44	49

Total Households		6,703	19,345	20,327
Family Households		4,596	14,014	14,821
Non-Family Households		2,107	5,330	5,505
Married Couple		3,006	10,232	10,939
Other Family		1,590	3,783	3,882
Married w/Child		1,269	4,387	4,739
Single Male w/Child		252	663	683
Single Female w/Child		545	1,226	1,258

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Yolo County	168,660	+19	200,849	+13	227,595	+14	259,339

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 723 Main Street in Woodland?

The asking price for 723 Main Street is $2,795,000

What is the building size of this Retail property in Woodland, CA?

The size of the building/unit at 723 Main Street in Woodland is 36,017 square feet

How much land does the Woodland, CA property at 723 Main Street include?

723 Main Street in Woodland includes 0.393 acres of land

What kind of Retail is the propery at 723 Main Street?

The property at 723 Main Street Woodland, CA 95695 is listed as a Shopping Center Retail property

What is the population within 1 mile of 723 Main Street in Woodland?

The population within 1 mile of 723 Main Street Woodland, CA 95695 is 19,303 people.

Who do I contact for questions about 723 Main Street?

You should contact the listing agent, Kevin Land, for any details regarding this commercial listing.

Other Listings for Sale Nearby

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18440 County Road 102, Woodland, CA	$6,500,000	8627	1.21
2019 O Street, Sacramento, CA	$1,495,000	6200	0.15
2100 Del Paso Boulevard, Sacramento, CA	$990,000	6195	1
1807 Tribute Road, Sacramento, CA	CALL	12926	-

Closest Commercial Airports

Airport	Distance (mi)
Sacramento International Airport (SMF)	10
Metropolitan Oakland International Airport (OAK)	70
San Francisco International Airport (SFO)	80